XAU Resources Inc.
XAU Resources Inc., a gold exploration and development company, focuses on developing and managing projects located in the Guyana greenstone belt. It holds an option agreement to acquire a 100% interest in the Noseno Project, which consists of 37 licenses covering 37,623 acres located in west of Georgetown, Guyana. The company was incorporated in 2018 and is headquartered in Toronto, Canada.
XAU Resources Inc. (GIG) - Total Assets
Latest total assets as of April 2025: CA$18.29K CAD
Based on the latest financial reports, XAU Resources Inc. (GIG) holds total assets worth CA$18.29K CAD as of April 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
XAU Resources Inc. - Total Assets Trend (2021–2024)
This chart illustrates how XAU Resources Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
XAU Resources Inc. - Asset Composition Analysis
Current Asset Composition (October 2024)
XAU Resources Inc.'s total assets of CA$18.29K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 100.0% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how XAU Resources Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: XAU Resources Inc.'s current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2024, the same as 100.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
XAU Resources Inc. Competitors by Total Assets
Key competitors of XAU Resources Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Outback Goldfields Corp
OTCQB:OZBKF
|
USA | $13.40 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
McLaren Resources Inc
F:3ML
|
Germany | €29.32K |
|
PC Gold Ltd
AU:PC2
|
Australia | AU$18.12 Million |
|
4LE
F:4LE
|
Germany | €2.04 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
|
Bahvest Resources Bhd
KLSE:0098
|
Malaysia | RM430.12 Million |
|
Pearl Gold AG
F:02P
|
Germany | €9.26 Million |
XAU Resources Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - XAU Resources Inc. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - XAU Resources Inc. is currently not profitable relative to its asset base.
XAU Resources Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.27 | 13.15 | 13.15 |
| Quick Ratio | 2.27 | 13.15 | 13.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$10.22K | CA$ 154.55K | CA$ 154.55K |
XAU Resources Inc. - Advanced Valuation Insights
This section examines the relationship between XAU Resources Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 98.71 |
| Latest Market Cap to Assets Ratio | 25.42 |
| Asset Growth Rate (YoY) | -57.0% |
| Total Assets | CA$117.00K |
| Market Capitalization | $2.97 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values XAU Resources Inc.'s assets at a significant premium ( 25.42x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: XAU Resources Inc.'s assets decreased by 57.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for XAU Resources Inc. (2021–2024)
The table below shows the annual total assets of XAU Resources Inc. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | CA$117.00K | -57.02% |
| 2023-10-31 | CA$272.22K | -55.68% |
| 2022-10-31 | CA$614.20K | +208.28% |
| 2021-10-31 | CA$199.24K | -- |